Company:Arlo Technologies

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Arlo Technologies, Inc.
TypePublic
NYSEARLO
S&P 600 component
Russell 2000 Index component
IndustrySurveillance cameras
Founded2014 (as a division of Netgear)
2018 (as an independent company)
Headquarters
San Jose, California
,
United States
Key people
ProductsSurveillance cameras
RevenueDecrease US$357 million (2020)
Number of employees
355 (2021)
Websitearlo.com
Footnotes / references
[1][2]

Arlo Technologies is an American company that makes wireless surveillance cameras. Prior to an initial public offering (IPO) on the New York Stock Exchange in August 2018, Arlo was a brand of such products by Netgear, which retained majority control after the IPO.[3]

According to the company, it has shipped 21.6 million devices, has 5.82 million registered accounts, and has 877,000 paid accounts, as of January 2022.[4]

History

On February 6, 2018, Netgear made the announcement that its board of directors had unanimously approved the separation of its Arlo business from Netgear. During the second quarter of 2018, Netgear's Arlo unit became a holding of Arlo Technologies, Inc. Netgear issued less than 20% of the Arlo common stock in the IPO, allowing it to retain majority control.[5]

The CEO of Arlo is Matthew McRae. McRae joined Netgear in October 2017 when he was hired as senior vice president of strategy.[6]

Products

Arlo video doorbell.

Arlo makes products such as the Arlo Security Camera,[7] as well as portable and baby monitoring cameras.[8] Arlo cameras are designed to save energy by use of a low-power standby mode.[9]

Manufacturing

Arlo manufacturing is outsourced to Foxconn and Pegatron.[10]

References

  1. "NYSE:ARLO / Arlo Technologies, Inc. - Insider Trading" (in en-US). https://fintel.io/n/us/arlo. 
  2. Segal, Zach (18 June 2021). "Arlo Pivots to SaaS". IPVM. https://ipvm.com/reports/arlo-saas. 
  3. Schubarth, Cromwell (July 30, 2018). "The Funded: Arlo Technologies is next Bay Area IPO, coming Friday". Silicon Valley Business Journal (American City Business Journals). https://www.bizjournals.com/sanjose/news/2018/07/30/arlo-technologies-ipo.html. 
  4. "Arlo - Investor Relations" (in en-US). https://investor.arlo.com/ir-home/default.aspx. 
  5. Wollerton, Megan (August 3, 2018). "Netgear spins its Arlo smart home security brand off as a public company". CNET (CBS Interactive). https://www.cnet.com/news/netgear-spins-its-arlo-smart-home-security-brand-off-as-a-public-company/. 
  6. "NETGEAR Announces Planned Separation of its Arlo Business" (in en-US). http://investor.netgear.com/releases/press-release-details/2018/NETGEAR-Announces-Planned-Separation-of-its-Arlo-Business/default.aspx. 
  7. McGrath, Jenny (March 6, 2015). "Arlo Smart Home Security Camera System review". Digital Trends. https://www.digitaltrends.com/smart-home-reviews/netgear-arlo-vms3230-review/. 
  8. Ochs, Susie (January 6, 2018). "Netgear Arlo Baby Review: The Baby Monitor to Beat". Tom's Guide. https://www.tomsguide.com/us/arlo-baby-video-monitor,review-5053.html. 
  9. Corcoran, P. (January 2016). "Just Another Year in the Consumer Electronics Industry". IEEE Consumer Electronics Magazine 5: 3–10. doi:10.1109/MCE.2015.2485318. 
  10. "Arlo Technologies Form S-1/A". https://www.sec.gov/Archives/edgar/data/1736946/000119312518223067/d463504ds1a.htm#tx463504_14.